FULLER & THALER ASSET MANAGEMENT, INC.

SAN MATEO, CA · CIK 1082327 · 13F filing filed 2026-08-12

SEC-registered investment adviser since 1993 · corporation

Assets managed$30.3bn
Staff30 · 11 in investment roles
Main clients (by assets)Mutual funds and ETFs 83%, Individuals 7%, Charities 2%
Websitefullerthalerfunds.com
Form ADV · 2026-03-30SEC adviser record

Legal entityFULLER & THALER ASSET MANAGEMENT, INC. (US)

$36.7bn reported value +23.6% vs Q1 2026

504positions

13.0%in top 10

52 new 230 added 187 reduced 45 sold out vs Q1 2026

Also in the report of:

PERSONAL CFO SOLUTIONS, LLC – $1.9m of shares are in both reports

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	AMCOR PLC COM NEW AMCR	AMCR	15,501,286	$672.0m1.83%	1.83%	Added +1.8m	+1,814,494 13.3%
2	HEALTHPEAK PROPERTIES INC COM DOC	DOC	29,119,832	$623.2m1.70%	1.70%	Reduced -81.8k	-81,752 -0.3%
3	EXELIXIS INC COM EXEL	EXEL	8,929,389	$485.8m1.32%	1.32%	Added +387.2k	+387,153 4.5%
4	LUMENTUM HLDGS INC COM LITE	LITE	541,679	$464.8m1.27%	1.27%	Reduced -46.0k	-46,000 -7.8%
5	BLOOM ENERGY CORP COM CL A BE	BE	1,480,139	$448.0m1.22%	1.22%	Reduced -819.2k	-819,181 -35.6%
6	FIDELITY NATL INFORMATION SV COM FIS	FIS	11,134,748	$432.9m1.18%	1.18%	Added +8.2m	+8,186,672 277.7%
7	ASTERA LABS INC COM ALAB	ALAB	857,286	$414.1m1.13%	1.13%	Added +22.6k	+22,626 2.7%
8	DIGITALOCEAN HLDGS INC COM DOCN	DOCN	2,631,342	$413.2m1.13%	1.13%	Added +69.3k	+69,298 2.7%
9	GARRETT MOTION INC COM GTX	GTX	11,379,209	$412.3m1.12%	1.12%	Added +481.7k	+481,674 4.4%
10	JAZZ PHARMACEUTICALS PLC SHS USD JAZZ	JAZZ	1,638,544	$394.8m1.08%	1.08%	Reduced -37.6k	-37,598 -2.2%
11	GUARDANT HEALTH INC COM GH	GH	2,629,007	$394.4m1.07%	1.07%	Added +78.7k	+78,693 3.1%
12	EMCOR GROUP INC COM EME	EME	439,676	$364.9m0.99%	0.99%	Added +148.9k	+148,886 51.2%
13	OLD NATL BANCORP IND COM ONB	ONB	13,815,469	$357.8m0.98%	0.98%	Reduced -1.2m	-1,240,449 -8.2%
14	VERTIV HOLDINGS CO COM CL A VRT	VRT	1,007,941	$337.5m0.92%	0.92%	Reduced -181.7k	-181,677 -15.3%
15	SCIENCE APPLICATIONS INTL CO COM SAIC	SAIC	2,955,899	$326.4m0.89%	0.89%	Added +255.9k	+255,882 9.5%
16	MATCH GROUP INC NEW COM MTCH	MTCH	8,420,451	$320.4m0.87%	0.87%	Added +673.9k	+673,874 8.7%
17	PRIMO BRANDS CORPORATION CLASS A COM SHS PRMB	PRMB	13,075,886	$319.6m0.87%	0.87%	Reduced -1.0m	-1,047,383 -7.4%
18	F N B CORP COM FNB	FNB	16,708,254	$318.8m0.87%	0.87%	Reduced -1.2m	-1,159,346 -6.5%
19	ZEBRA TECHNOLOGIES CORPORATI CL A ZBRA	ZBRA	1,208,889	$318.3m0.87%	0.87%	Added +963.3k	+963,268 392.2%
20	LKQ CORP COM LKQ	LKQ	12,041,227	$317.0m0.86%	0.86%	Added +2.1m	+2,099,083 21.1%
21	SONOCO PRODS CO COM SON	SON	5,454,604	$307.4m0.84%	0.84%	Reduced -459.2k	-459,184 -7.8%
22	APPLIED INDL TECHNOLOGIES IN COM AIT	AIT	893,709	$302.2m0.82%	0.82%	Added +331.0k	+331,034 58.8%
23	MODINE MFG CO COM MOD	MOD	1,116,729	$298.2m0.81%	0.81%	Added +35.0k	+35,049 3.2%
24	ALLISON TRANSMISSION HLDGS I COM ALSN	ALSN	2,622,104	$295.6m0.81%	0.81%	Reduced -772.5k	-772,531 -22.8%
25	ACUITY INC COM AYI	AYI	772,130	$290.8m0.79%	0.79%	Added +222.5k	+222,485 40.5%
26	AFFILIATED MANAGERS GROUP IN COM AMG	AMG	857,756	$290.3m0.79%	0.79%	Added +97.5k	+97,543 12.8%
27	SENSATA TECHNOLOGIES HLDG PL SHS ST	ST	5,724,546	$273.3m0.74%	0.74%	Reduced -1.1m	-1,137,845 -16.6%
28	CREDO TECHNOLOGY GROUP HOLDI ORDINARY SHARES CRDO	CRDO	990,437	$269.3m0.73%	0.73%	Reduced -88.9k	-88,888 -8.2%
29	VIASAT INC COM VSAT	VSAT	2,998,539	$269.3m0.73%	0.73%	Added +105.8k	+105,779 3.7%
30	AMERICOLD REALTY TRUST INC COM COLD	COLD	16,939,780	$266.3m0.73%	0.73%	Reduced -111.7k	-111,737 -0.7%
31	COMFORT SYS USA INC COM FIX	FIX	130,833	$259.3m0.71%	0.71%	Reduced -111.4k	-111,363 -46.0%
32	FRONTDOOR INC COM FTDR	FTDR	3,318,654	$257.5m0.70%	0.70%	Added +676.7k	+676,741 25.6%
33	CIRRUS LOGIC INC COM CRUS	CRUS	1,705,024	$253.2m0.69%	0.69%	Added +98.6k	+98,576 6.1%
34	ENCOMPASS HEALTH CORP COM EHC	EHC	2,460,657	$248.7m0.68%	0.68%	Added +230.7k	+230,678 10.3%
35	BORGWARNER INC COM BWA	BWA	3,720,883	$247.1m0.67%	0.67%	Reduced -401.1k	-401,122 -9.7%
36	DEVON ENERGY CORP NEW COM DVN	DVN	5,955,523	$246.1m0.67%	0.67%	Added +377.4k	+377,445 6.8%
37	ASSURANT INC COM AIZ	AIZ	896,364	$240.7m0.66%	0.66%	Added +198.8k	+198,829 28.5%
38	BRIGHTSPRING HEALTH SVCS INC COM BTSG	BTSG	3,360,970	$234.4m0.64%	0.64%	Added +109.6k	+109,579 3.4%
39	HANOVER INS GROUP INC COM THG	THG	1,089,705	$233.3m0.64%	0.64%	Added +99.9k	+99,868 10.1%
40	MSC INDL DIRECT INC CL A MSM	MSM	1,887,419	$224.5m0.61%	0.61%	Added +101.8k	+101,823 5.7%
41	GRAPHIC PACKAGING HLDG CO COM GPK	GPK	20,880,498	$220.7m0.60%	0.60%	Added +564.9k	+564,932 2.8%
42	PLEXUS CORP COM PLXS	PLXS	732,397	$220.2m0.60%	0.60%	Added +143.6k	+143,619 24.4%
43	CROWN HLDGS INC COM CCK	CCK	1,952,978	$218.4m0.60%	0.60%	Added +443.0k	+442,964 29.3%
44	SILGAN HLDGS INC COM SLGN	SLGN	4,559,188	$211.5m0.58%	0.58%	Added +1.3m	+1,259,947 38.2%
45	WHITE MTNS INS GROUP LTD COM WTM	WTM	101,892	$211.3m0.58%	0.58%	Reduced -2.7k	-2,669 -2.5%
46	HANCOCK WHITNEY CORPORATION COM HWC	HWC	2,809,258	$209.9m0.57%	0.57%	Added +645.0k	+644,977 29.8%
47	DONALDSON INC COM DCI	DCI	2,298,083	$206.3m0.56%	0.56%	Added +186.5k	+186,470 8.8%
48	GENTEX CORP COM GNTX	GNTX	8,112,203	$205.0m0.56%	0.56%	Added +1.0m	+1,003,524 14.1%
49	REYNOLDS CONSUMER PRODS INC COM REYN	REYN	7,571,293	$203.3m0.55%	0.55%	Added +719.6k	+719,636 10.5%
50	UGI CORP NEW COM UGI	UGI	5,882,917	$203.2m0.55%	0.55%	Added +540.5k	+540,545 10.1%
51	PORTLAND GEN ELEC CO COM NEW POR	POR	3,841,325	$199.1m0.54%	0.54%	Reduced -93.5k	-93,520 -2.4%
52	RAYONIER INC COM RYN	RYN	9,301,140	$197.9m0.54%	0.54%	Added +11.4k	+11,409 0.1%
53	KITE RLTY GROUP TR COM NEW KRG	KRG	6,886,367	$195.4m0.53%	0.53%	Reduced -93.6k	-93,603 -1.3%
54	ICU MED INC COM ICUI	ICUI	1,298,127	$190.3m0.52%	0.52%	Added +77.6k	+77,588 6.4%
55	FORMFACTOR INC COM FORM	FORM	1,184,611	$189.5m0.52%	0.52%	Added +47.3k	+47,255 4.2%
56	INDIVIOR PHARMACEUTICALS INC COM INDV	INDV	4,615,816	$189.4m0.52%	0.52%	Added +86.2k	+86,233 1.9%
57	AGCO CORP COM AGCO	AGCO	1,579,468	$189.1m0.52%	0.52%	Reduced -166.9k	-166,866 -9.6%
58	RALPH LAUREN CORP CL A RL	RL	470,044	$188.7m0.51%	0.51%	Added +24.9k	+24,929 5.6%
59	HF SINCLAIR CORP COM DINO	DINO	2,687,030	$187.2m0.51%	0.51%	Added +436.8k	+436,845 19.4%
60	ZIONS BANCORPORATION N A COM ZION	ZION	2,649,694	$183.3m0.50%	0.50%	Added +55.6k	+55,557 2.1%
61	CABOT CORP COM CBT	CBT	2,003,514	$182.0m0.50%	0.50%	Reduced -44.7k	-44,746 -2.2%
62	CNO FINL GROUP INC COM CNO	CNO	3,551,078	$181.0m0.49%	0.49%	Reduced -201.9k	-201,914 -5.4%
63	RYDER SYS INC COM R	R	679,311	$179.2m0.49%	0.49%	Reduced -76.1k	-76,144 -10.1%
64	ARMSTRONG WORLD INDS INC NEW COM AWI	AWI	1,101,986	$176.8m0.48%	0.48%	Added +60.6k	+60,632 5.8%
65	WEATHERFORD INTL PLC ORD SHS WFRD	WFRD	2,145,791	$174.9m0.48%	0.48%	Reduced -22.3k	-22,253 -1.0%
66	TELEFLEX INCORPORATED COM TFX	TFX	1,320,946	$167.4m0.46%	0.46%	Reduced -43.0k	-43,004 -3.1%
67	RALLIANT CORP COM RAL	RAL	2,255,379	$166.1m0.45%	0.45%	New
68	MAXLINEAR INC COM MXL	MXL	1,282,533	$164.2m0.45%	0.45%	New
69	CELANESE CORP DEL COM CE	CE	3,519,087	$161.9m0.44%	0.44%	Reduced -199.7k	-199,714 -5.4%
70	TAYLOR MORRISON HOME CORP COM TMHC	TMHC	2,234,273	$160.3m0.44%	0.44%	Reduced -97.8k	-97,781 -4.2%
71	CROCS INC COM CROX	CROX	1,297,578	$156.5m0.43%	0.43%	Added +47.0k	+46,969 3.8%
72	NEXTRACKER INC CLASS A COM NXT	NXT	1,313,321	$156.5m0.43%	0.43%	Reduced -30.4k	-30,409 -2.3%
73	OPTION CARE HEALTH INC COM NEW OPCH	OPCH	7,450,698	$156.2m0.43%	0.43%	Added +325.4k	+325,418 4.6%
74	ELANCO ANIMAL HEALTH INC COM ELAN	ELAN	6,240,240	$153.6m0.42%	0.42%	Added +225.2k	+225,176 3.7%
75	MARRIOTT VACATIONS WORLDWIDE COM VAC	VAC	1,487,384	$151.5m0.41%	0.41%	Reduced -209.0k	-209,039 -12.3%
76	BLOCK H & R INC COM HRB	HRB	3,975,923	$151.4m0.41%	0.41%	Reduced -304.4k	-304,370 -7.1%
77	FEDERATED HERMES INC CL B FHI	FHI	2,670,077	$147.4m0.40%	0.40%	Added +22.4k	+22,351 0.8%
78	MAXIMUS INC COM MMS	MMS	2,702,710	$145.3m0.40%	0.40%	Added +621.2k	+621,244 29.9%
79	MYR GROUP INC DEL COM MYRG	MYRG	286,686	$143.5m0.39%	0.39%	New
80	VICTORIAS SECRET AND CO COMMON STOCK VSXY	VSXY	1,712,420	$143.0m0.39%	0.39%	Added +54.2k	+54,199 3.3%
81	VALMONT INDS INC COM VMI	VMI	246,376	$142.3m0.39%	0.39%	New
82	TETRA TECH INC NEW COM TTEK	TTEK	4,921,268	$142.2m0.39%	0.39%	Added +1.6m	+1,606,825 48.5%
83	HINGE HEALTH INC CL A HNGE	HNGE	1,712,507	$142.1m0.39%	0.39%	Added +57.3k	+57,309 3.5%
84	BELDEN INC COM BDC	BDC	1,176,261	$141.0m0.38%	0.38%	Added +125.9k	+125,934 12.0%
85	APPLE HOSPITALITY REIT INC COM NEW APLE	APLE	8,295,354	$139.4m0.38%	0.38%	Added +890.9k	+890,945 12.0%
86	ADVANCE AUTO PARTS INC COM AAP	AAP	2,228,408	$138.7m0.38%	0.38%	Reduced -600.5k	-600,499 -21.2%
87	XOMETRY INC CLASS A COM XMTR	XMTR	1,430,549	$138.1m0.38%	0.38%	Added +91.1k	+91,124 6.8%
88	ACI WORLDWIDE INC COM ACIW	ACIW	2,732,368	$137.4m0.37%	0.37%	Added +582.6k	+582,559 27.1%
89	SITIME CORP COM SITM	SITM	183,771	$137.0m0.37%	0.37%	Added +5.5k	+5,516 3.1%
90	DENTSPLY SIRONA INC COM XRAY	XRAY	12,697,269	$134.7m0.37%	0.37%	Reduced -95.2k	-95,249 -0.7%
91	EVERUS CONSTR GROUP COM ECG	ECG	808,959	$134.2m0.37%	0.37%	Added +37.1k	+37,148 4.8%
92	VIAVI SOLUTIONS INC COM VIAV	VIAV	2,746,116	$131.1m0.36%	0.36%	Added +86.9k	+86,923 3.3%
93	SPIRE INC COM SR	SR	1,678,028	$131.0m0.36%	0.36%	Added +30.1k	+30,075 1.8%
94	VSE CORP COM VSEC	VSEC	556,285	$127.1m0.35%	0.35%	Added +6.4k	+6,386 1.2%
95	MUELLER WTR PRODS INC COM SER A MWA	MWA	4,905,739	$126.7m0.35%	0.35%	Reduced -261.9k	-261,937 -5.1%
96	COGNEX CORP COM CGNX	CGNX	1,747,614	$126.6m0.34%	0.34%	Added +90.8k	+90,799 5.5%
97	FIRST HAWAIIAN INC COM FHB	FHB	4,316,854	$126.5m0.34%	0.34%	Reduced -455.7k	-455,743 -9.6%
98	JABIL INC COM JBL	JBL	326,019	$125.7m0.34%	0.34%	Added +41.3k	+41,267 14.5%
99	VONTIER CORPORATION COM VNT	VNT	4,313,572	$125.1m0.34%	0.34%	Added +352.6k	+352,628 8.9%
100	MATSON INC COM MATX	MATX	648,405	$124.6m0.34%	0.34%	Added +35.2k	+35,164 5.7%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
PRIMORIS SVCS CORP PRIM	PRIM	2,966,901	$424.4m3.0m shares
CALIFORNIA RES CORP CRC	CRC	1,728,373	$119.6m1.7m shares
CSG SYS INTL INC		1,415,709	$113.2m1.4m shares
RED ROCK RESORTS INC RRR	RRR	1,298,973	$69.3m1.3m shares
PEBBLEBROOK HOTEL TR PEB	PEB	4,858,029	$61.4m4.9m shares
KLAVIYO INC KVYO	KVYO	2,941,998	$57.3m2.9m shares
MURPHY OIL CORP MUR	MUR	1,358,795	$56.1m1.4m shares
TREX CO INC TREX	TREX	1,474,843	$53.7m1.5m shares
AMERICAN EAGLE OUTFITTERS IN AEO	AEO	3,123,331	$52.2m3.1m shares
PLANET LABS PBC PL	PL	1,850,668	$51.7m1.9m shares
LENDINGCLUB CORP HAPN	HAPN	3,420,115	$49.0m3.4m shares
INSTALLED BLDG PRODS INC IBP	IBP	177,367	$47.0m177.4k shares
REVOLVE GROUP INC RVLV	RVLV	1,999,411	$45.2m2.0m shares
RADNET INC RDNT	RDNT	806,296	$45.1m806.3k shares
TRI POINTE HOMES INC TPH	TPH	784,702	$36.7m784.7k shares
PENN ENTERTAINMENT INC PENN	PENN	2,168,909	$32.6m2.2m shares
HIMS & HERS HEALTH INC HIMS	HIMS	1,419,677	$29.5m1.4m shares
NATIONAL VISION HLDGS INC EYE	EYE	1,099,678	$28.5m1.1m shares
SIMPLY GOOD FOODS CO SMPL	SMPL	1,914,302	$27.5m1.9m shares
SIMMONS 1ST NATL CORP SFNC	SFNC	1,333,734	$25.9m1.3m shares
HUB GROUP INC HUBG	HUBG	572,010	$20.6m572.0k shares
COTERRA ENERGY INC CTRA	CTRA	501,752	$17.6m501.8k shares
HOLOGIC INC HOLX	HOLX	134,965	$10.2m135.0k shares
ARAMARK ARMK	ARMK	162,442	$6.6m162.4k shares
GLOBE LIFE INC GL	GL	44,298	$6.2m44.3k shares

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
GRAPHIC PACKAGING HLDG CO GPK · 13G · filed 2026-08-14	GPK	7.1%≈ $220.7m	+1.1 pts	13G	2026-08-14
SCIENCE APPLICATIONS INTL CO SAIC · 13G · filed 2026-08-14	SAIC	7.0%≈ $326.4m	+1.2 pts	13G	2026-08-14
FLOWERS FOODS INC FLO · 13G · filed 2025-08-14	FLO	6.1%≈ $101.8m	new	13G	2025-08-14
AMERICOLD REALTY TRUST INC COLD · 13G · filed 2026-02-17	COLD	6.1%≈ $271.9m	+1.1 pts	13G	2026-02-17
SONOCO PRODS CO SON · 13G · filed 2026-02-17	SON	6.0%≈ $332.6m	new	13G	2026-02-17
PERRIGO CO PLC PRGO · 13G · filed 2026-02-17	PRGO	5.7%≈ $81.3m	new	13G	2026-02-17
CONMED CORP CNMD · 13G · filed 2025-08-14	CNMD	5.6%≈ $57.0m	new	13G	2025-08-14
GARRETT MOTION INC GTX · 13G · filed 2026-02-17	GTX	5.3%≈ $374.9m	new	13G	2026-02-17
ICU MED INC ICUI · 13G · filed 2026-08-14	ICUI	5.2%≈ $190.3m	+0.2 pts	13G	2026-08-14
MAXIMUS INC MMS · 13G · filed 2026-08-14	MMS	5.1%≈ $145.3m	new	13G	2026-08-14
INDIVIOR PLC INDV · 13G · filed 2026-02-17	INDV	5.1%	new	13G	2026-02-17
COLLEGIUM PHARMACEUTICAL INC COLL · 13G · filed 2026-08-14	COLL	5.0%≈ $59.1m	new	13G	2026-08-14